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HR 919 100th Congress House Taxation Annuities Civil Service pensions Civil service retirement Employee benefit plans Federal employees Federal employees and officials Income tax Labor and Employment Local and Municipal Government Local officials and employees Retirement income State officials and employees States Tax exclusion Tax-deferred compensation plans

Federal Employees Fair Tax Act of 1987

Introduced: February 3, 1987 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 3, 1987
Referred to House Committee on Ways and Means.
Feb 3, 1987
Introduced in House
 Plain-English summary Congressional Research Service

Federal Employees Fair Tax Act of 1987 - Amends the Tax Reform Act of 1986 to repeal provisions which eliminated the three-year basis recovery rule in computing the amount of an employee's retirement benefits includable in gross income.

Provides that the Internal Revenue Code shall be applied and administered as if such provisions had not been enacted.

Repeals provisions which require the inclusion in income of certain distributions received before an annuity starting date.

What's happening now February 3, 1987

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1